TMZ Accuses Ex-Employee of Embezzling $100,000 [Yahoo! Finance]
Fox Corporation - Class B (FOX)
Last fox corporation - class b earnings: 5/10 04:03 pm
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Source: Yahoo! Finance
According to the suit, Alex “Woody” Wood worked for the media outlet from January 2023 to February 2024. The complaint accuses him of “exploiting his position of trust” by siphoning money out of petty cash. More from Variety 'Vampire Academy' Casts 8 Recurring Guest Stars (EXCLUSIVE) - TV News Roundup TMZ Seeks to Block Johnny Depp From Calling Ex-Employee to Testify Fox Corp. Acquires TMZ in $50 Million Deal, Expanding Digital News Operations “Wood is an embezzler and a fraudster,” the suit alleges. A trial is set to be held at the Beverly Hills Courthouse on Monday morning. Wood is also accused of paying personal expenses on a company card, and then lying to cover it up, and of diverting TMZ's money to businesses he owned. “After being caught, Wood admitted his wrongdoing and promised to repay the money he stole,” the lawsuit states. He made a series of payments to TMZ from April through July, but then stopped, and still owes about $45,000, the complaint states.
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